Francisco Álvarez Echegaray is the new CEO for Douglas in Spain and Andorra. Álvarez Echegaray takes over from Jorge Gervasi, who has assumed the position of Chief Operating Officer (CFO) for Western Europe of the textile chain Pepco.
The new Douglas CEO, who accepted the position in October, has a background in the Grand Vision group, the optical company and has also worked at Sephora.
Douglas has a network of more than 75 physical shops in Spain and in 2022 it undertook a major restructuring by closing 120 stores in the country. Worldwide, it has 1,870 physical points of sale in Central, Eastern and Southern Europe.